Juned Patel

Nuclear engineer sells classified data to undercover FBI agents for crypto

A nuclear engineer and his wife have been arrested in West Virginia on charges of espionage and selling restricted data. The couple sold classified information regarding the designs of nuclear-powered warships to an individual they believed to represent a foreign nation for almost a year. However, the contact was an undercover United States Federal Bureau …

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Bitkraft VC launches $75M investment fund for blockchain gaming

Esports, gaming and interactive media investment platform Bitkraft VC has established a $75-million token fund for investing in blockchain gaming and digital entertainment. The fund uses a “stage-agnostic” strategy, meaning that it will put money in companies and startups at any business development stage. Apart from equity investment, the token fund will also invest in cryptocurrencies and …

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New Delhi chief minister warns of power crisis as coal stocks decline

NEW DELHI (Reuters) – The chief minister of New Delhi on Saturday warned of a looming power crisis in the Indian capital of 20 million people due to coal shortages, which have already triggered electricity cuts in some eastern and northern states. Arvind Kejriwal said he had urged the federal government of Prime Minister Narendra …

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Philippine Nobel winner Ressa calls Facebook “biased against facts”

By Karen Lema MANILA (Reuters) – Nobel Peace Prize winner Maria Ressa used her new prominence to criticise Facebook (NASDAQ:FB) as a threat to democracy, saying the social media giant fails to protect against the spread of hate and disinformation and is “biased against facts”. The veteran journalist and head of Philippine news site Rappler …

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Bank of America and US Bank Give Crypto Some Respect

The old saying, “If you can’t beat them, join them” seems to be gaining traction within the traditional banking sector in regards to cryptocurrencies. On Monday of this week, Bank of America (NYSE:BAC) announced that it will be initiating research coverage of Bitcoin and cryptocurrencies for large investors and analysts – issuing its first research report on …

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Celer Network Price Surges to Over +23% As Bitcoin Trades to Over $54K

CELR price surged to over +23%. Bitcoin trades above $54K. The crypto world continues to impress its investors with its slowly but surely rise from its bearish position in the past months. In fact, the total crypto market cap of the whole crypto space is now over $2.4 trillion, with a growth rate of +1% in …

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Explainer-Why is Invesco entangled in a legal dispute with Indian TV giant Zee

By Abhirup Roy and Aditya Kalra NEW DELHI (Reuters) -India’s Zee Entertainment is locked in a legal battle with one of its biggest foreign investors, Invesco, after it called for ouster of the TV network’s CEO citing concerns around corporate governance. Zee has said it has tightened its governance processes. But the dispute comes at …

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Philippine Nobel winner Ressa calls Facebook “biased against facts”

By Karen Lema MANILA (Reuters) – Nobel Peace Prize winner Maria Ressa used her new prominence to criticise Facebook (NASDAQ:FB) as a threat to democracy, saying the social media giant fails to protect against the spread of hate and disinformation and is “biased against facts”. The veteran journalist and head of Philippine news site Rappler …

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